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Under early mercantilism, European nations sought to import raw materials from the Americas and ship manufactured goods to their colonies. Had that pattern changed in today's world ?

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MissPhiladelphia

In todays world the third world
countries or the colonies at the time are now the makers of the manufactured
goods, because in 3rd world countries the cost of production is much
cheaper and the labor cost is also cheaper. Then they will sell it in first
world countries at very high price

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